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Nordic Gold Provides Production Update

ID: 1545792
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(PresseBox) - NORDIC GOLD INC. (TSX-V: NOR)"Nordic" or the "Company" - http://www.commodity-tv.net/c/search_adv/?v=298724) today announced that it has produced a total of 145.3kg of dor

38,5kg dor

Processing operations were shut down for planned maintenance. Certain parts of the mill liners were unavailable at start up, however it was decided to press ahead and produce gold. This decision was made to improve cash flow and a maintenance shutdown was planned accordingly. Gold sales provided $5,172,323 of additional cash.

The plant shut down ran from Tuesday 8th January 2019 to Monday 14th January 2019. During the shutdown 60,000 tonnes of high-grade ore was stockpiled.

Michael Hepworth, President and CEO of Nordic said: ?The team at the mine has done an excellent job of restarting the mine.

Nordic also announced the resignation of David Forest as a director.

For further information, please contact:

Michael Hepworth

President and Chief Executive Officer

(416) 419 5192

mhepworth(at)nordic.gold

www.nordic.gold

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In Europe:

Swiss Resource Capital AG

Jochen Staiger

info(at)resource-capital.ch

www.resource-capital.ch



About the Company

Nordic Gold Inc. is a junior mining company with a producing gold mine in Finland.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Advisory Regarding Forward Looking Statements

This news release contains forward-looking statements. Users of forward-looking statements are cautioned that actual results may vary from forward-looking statements contained herein. Forward-looking statements include, but are not limited to: expectations, opinions, forecasts, projections and other similar statements concerning anticipated future events, conditions or results that are not historical facts. In certain cases, forward-looking statements can be identified by the use of words such as ?plans?, ?expects? or ?does not expect?, ?is expected?, ?budget?, ?scheduled?, ?estimates?, ?forecasts?, ?intends?, ?anticipates? or ?does not anticipate?, or ?believes?, or variations of such words and phrases or statements that certain actions, events or results ?may?, ?could?, ?would?, ?might? or ?will be taken?, ?occur? or ?be achieved?. While the Company has based these forward-looking statements on its expectations about future events as at the date those statements were prepared, the statements are not a guarantee of the Company?s future performance.

The Company?s forward-looking statements are expressly qualified in their entirety by this cautionary statement and are made as of the date of this new release.



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Date: 01/16/2019 - 14:56
Language: English
News-ID 1545792
Character count: 2411
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Firma: Swiss Resource Capital AG
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Stadt: Vancouver, BC
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